Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Corebridge Financial and Equitable Holdings to combine in an all-stock merger, valuing the combined company at approximately $22 billion.
- Meta Platforms Inc. and Alphabet Inc.’s Google must pay damages to a 20-year-old woman who said her addiction to social media caused her mental health struggles, a jury concluded in a landmark decision that could signal hefty risks for the companies as they fight th
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Corebridge Financial and Equitable Holdings to combine in an all-stock merger, valuing the combined company at approximately $22 billion.
- Meta Platforms Inc. and Alphabet Inc.’s Google must pay damages to a 20-year-old woman who said her addiction to social media caused her mental health struggles, a jury concluded in a landmark decision that could signal hefty risks for the companies as they fight thousands of similar claims.
- Pony AI Inc. delivered its first profitable quarter ever, bolstered by a windfall from an early investment, rather than its main robotaxi business. (Source: Bloomberg)
Chinese robotaxi company Pony AI Inc. and Uber Technologies Inc. have begun testing driverless cars in Zagreb, Croatia, expanding their partnership beyond the Middle East and into Europe.
Chinese robotaxi company Pony AI Inc. and Uber Technologies Inc. have begun testing driverless cars in Zagreb, Croatia, expanding their partnership beyond the Middle East and into Europe.
Testing on public roads is already underway in zagreb, according to a statement.
Chinese robotaxi operator Pony AI Inc. has started commercial production of a driverless vehicle in partnership with Toyota Motor Corp., one of its backers.
Chinese robotaxi operator Pony AI Inc. has started commercial production of a driverless vehicle in partnership with Toyota Motor Corp., one of its backers.
Pony AI Inc. shares rose for a third day in Hong Kong trading, arresting a steep decline since listing three weeks ago, after the robotaxi firm said its Guangzhou operations had broken even on a per-car basis in an early indication its business model is sustainable.
Pony AI Inc. shares rose for a third day in Hong Kong trading, arresting a steep decline since listing three weeks ago, after the robotaxi firm said its Guangzhou operations had broken even on a per-car basis in an early indication its business model is sustainable.
The Gen 7 robotaxi, the latest model from Pony AI, operating in Guangzhou. Source: Pony AI Inc.
Pony AI Inc. shares rose for a third day in Hong Kong trading, arresting a steep decline since listing three weeks ago, after the robotaxi firm said its Guangzhou operations had broken even on a per-car basis in an early indication its business model is sustainable.
Pony AI Inc. shares rose for a third day in Hong Kong trading, arresting a steep decline since listing three weeks ago, after the robotaxi firm said its Guangzhou operations had broken even on a per-car basis in an early indication its business model is sustainable.
The Gen 7 robotaxi, the latest model from Pony AI, operating in Guangzhou. Source: Pony AI Inc.
Alibaba Group Holding Ltd. and Meituan are set to show a continued profit erosion after JD.com Inc. broke up their long-held duopoly in the meal delivery and fast-commerce sectors earlier this year.
Alibaba Group Holding Ltd. and Meituan are set to show a continued profit erosion after JD.com Inc. broke up their long-held duopoly in the meal delivery and fast-commerce sectors earlier this year.
A delivery worker for Meituan in Shanghai. Photographer: Qilai Shen/Bloomberg
Anmelden
